Solar firm raises millions to invest in green energy fund  

Canadian Solar finalized its Japan Green Infrastructure Fund (JGIF), which has secured C$264 million of committed capital, according to a February 18 story in Saur Energy International. The company is partnering with Macquarie Advisory & Capital Solutions for the fund. It marks Canadian Solar’s first move into the private institutional capital pool, and is aimed at accelerating the development of new projects in Japan that have clear monetization strategies.

Dr. Shawn Qu, chairman and CEO of Canadian Solar, said: “JGIF’s more dedicated capital pool will further boost our com­pet­itiveness in developing clean, sustainable and high-quality solar energy projects in Japan.”

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